Insolvency

New official statistics published by Accountant in Bankruptcy (AiB) for the second quarter of 2025 show a decrease in both corporate and personal insolvencies in Scotland. However, restructuring and insolvency body R3 has warned that the headline figures mask rising financial distress for businesses

Company insolvencies in Scotland saw a sharp increase in September 2025, rising 41% compared to the same month last year. Official figures show 103 companies became insolvent. This total was comprised of 50 creditors’ voluntary liquidations (CVLs), 48 compulsory liquidations, and five administ

The number of company insolvencies in Scotland saw a slight decrease in July 2025, with 116 firms failing compared to the same month in the previous year. The total was comprised of 68 creditors’ voluntary liquidations (CVLs), 43 compulsory liquidations, four administrations, and one company v

Scottish company insolvencies fell by 4% in June 2025 compared to the previous year, with 105 firms collapsing. Experts have warned this may only be a temporary reprieve and a challenging economic climate.

Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133. This rise was primarily driven by an increase in compulsory liquidations, which accounted for 72 cases. The remaining insolvencies included 56 Creditors' Voluntary Liquidat

Insolvency-related activity in Scotland hit a 29-month high in May 2025, according to new research from R3. The insolvency and restructuring trade body's analysis of data provided by Creditsafe shows there were 141 cases of insolvency-related activity in Scotland in May – the highest number on

The number of company insolvencies registered in Scotland saw a modest decrease in April 2025, falling by 7% compared to the same month in the previous year, with 101 cases recorded. This total comprised 47 creditors' voluntary liquidations (CVLs), 51 compulsory liquidations, and three administratio

In March 2025, there were 118 company insolvencies registered in Scotland, 3% higher than the number in March 2024. The total number of company insolvencies was comprised of 55 CVLs, 57 compulsory liquidations and six administrations. There were no CVAs or receivership appointments.

Scotland experienced a reduction in both personal and corporate insolvencies during the final quarter of the 2024-25 financial year (January to March 2025), according to the latest official statistics from Accountant in Bankruptcy (AiB). Personal insolvencies, which include bankruptcies and protecte

The number of Scottish companies entering administration remained relatively stable in the first quarter of 2025, according to analysis by Interpath. Data from Companies House showed 14 administrations between January and March, broadly consistent with the 12 cases in Q1 2024 and 15 in Q4 2024. UK-w

Smaller businesses could disproportionately bear the brunt of the economic challenges looming in Scotland, according to a licensed insolvency practitioner.   Michael Reid, partner at MHA in Aberdeen, said the upcoming increases in National Insurance and minimum wage, as well as footfall issues,

Scotland witnessed a 10% increase in company insolvencies in February 2025 compared to the same month in 2024, with 103 businesses entering insolvency. This figure comprised 60 Creditors' Voluntary Liquidations (CVLs), 38 compulsory liquidations, and five administrations. There were no Company Volun

Company insolvencies in Scotland saw a 15% decrease in January 2025 compared to the same period last year. A total of 75 insolvencies were registered, comprising 37 Creditors' Voluntary Liquidations (CVLs), 32 compulsory liquidations, and six administrations. No Company Voluntary Arrangements (CVAs)

Wbg has cautioned directors against the repercussions of failing to deal with failing companies in the proper manner and illegal 'phoenixing'. The caution follows reports that a Scottish company director used a ‘corporate rescue’ process to shut down his winter sports ­business and d

Recent figures from the third quarter of the 2024-2025 financial year – 1 October to 31 December 2024 – have revealed a mixed picture for insolvencies in Scotland, according to insolvency and restructuring trade body R3. Corporate insolvencies, including liquidations and receiverships, t